Radars and weapons industry includes establishments that manufacture radars and weapons for civilian and military purpose. Radars operates in the ultra-high-frequency (UHF) or microwave part of the radio-frequency (RF) spectrum, and these radio waves used to determine the range, angle, or velocity of objects such as aircraft, spacecraft, guided missiles, ships, motor vehicles, weather formations, and terrain. The types of weapons manufactured by companies in this market are small arms and ammunitions, bombs, rockets and rocket launcher, torpedoes and other military knives.
Read more at
The global radars and weapons
manufacturing market has shown negative growth in the past years with a CAGR of
negative 1%. The year 2014 recorded highest ever market value in this industry
as per TBRC’s inhouse consultants.
TBRC’s latest report show the
historic and future trends in the market for each year with sourced reasons to
support the growth claims.
The report also shows the radars
and weapons market to grow at a much higher CAGR by 2021 as compared to 2017,
along with geographies best suited for investments with highest return rate.
Sample report:
The radars and weapons
manufacturing market is expected to grow at a CAGR of around 2.5% by 2021. This
can be attributed to the increase in demand for air traffic control systems,
supported by a large number of new airport projects, particularly in developing
countries. Additionally, the defense industry is also expected to contribute to
the growing radar and weapon manufacturing market by increasing the production
of unmanned aerial vehicles, smart guns and nuclear ballistic missiles, in the
forecast period.
Request for Discount: https://www.thebusinessresearchcompany.com/sample.aspx?id=358&type=discount
Companies included in the report are Lockheed Martin Corp, BAE Systems, Raytheon, Northrop Grumman Corporation and Boeing.
About The Business Research Company.
The Business Research Company is
a Business Intelligence Company which excels in company, market and consumer
research. It has offices in the UK, the US and India and a network of trained
researchers in 15 countries globally.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
No comments:
Post a Comment